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In 2015, Addison Group and Kelton surveyed the work preferences and attitudes of 1006 working adults spread over three generations Baby Boomers, Generation X, and Millennials (Society for Human Resource Management website). One question asked individuals if they would leave their current job to make more money at another job. The file Millennials contains the sample data, which is also summarized in the following table. Click on the datafile logo to reference the data. DATA file Leave Job for More Money? Yes No Baby Boomer 129 207 Generation Generation X 152 183 Millennial 164 171 Conduct a test of independence to determine whether interest in leaving a current job for more money is independent of employee generation. Compute the value of the X² test statistic (to 2 decimals). Do not round your intermediate calculation.

In 2015, Addison Group and Kelton surveyed the work preferences and attitudes of 1006 working adults spread over three generations Baby Boomers, Generation X, and Millennials (Society for Human Resource Management website). One question asked individuals if they would leave their current job to make more money at another job. The file Millennials contains the sample data, which is also summarized in the following table. Click on the datafile logo to reference the data. DATA file Leave Job for More Money? Yes No Baby Boomer 129 207 Generation Generation X 152 183 Millennial 164 171 Conduct a test of independence to determine whether interest in leaving a current job for more money is independent of employee generation. Compute the value of the X² test statistic (to 2 decimals). Do not round your intermediate calculation.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In 2015, Addison Group and Kelton conducted a survey on the work preferences and attitudes of 1006 working adults across three generations: Baby Boomers, Generation X, and Millennials (as noted on the Society for Human Resource Management website). One of the questions asked was whether individuals would leave their current job for more money at another job. The data is summarized in the table below: | Leave Job for More Money? | Baby Boomer | Generation X | Millennial | |---------------------------|-------------|--------------|------------| | Yes | 129 | 152 | 164 | | No | 207 | 183 | 171 | The objective is to conduct a test of independence to determine if the interest in leaving a current job for more money is independent of the employee's generation. Instructions: - Compute the value of the χ² (chi-square) test statistic to two decimal places. Do not round your intermediate calculations. Questions: 1. What is the p-value? Use Table 3 of Appendix B. - The p-value is between 0.01 and 0.025. 2. Using a 0.05 level of significance, what is your conclusion? - Conclude that interest in leaving a job for more money is not independent of the employee generation.
Transcribed Image Text:In 2015, Addison Group and Kelton conducted a survey on the work preferences and attitudes of 1006 working adults across three generations: Baby Boomers, Generation X, and Millennials (as noted on the Society for Human Resource Management website). One of the questions asked was whether individuals would leave their current job for more money at another job. The data is summarized in the table below: | Leave Job for More Money? | Baby Boomer | Generation X | Millennial | |---------------------------|-------------|--------------|------------| | Yes | 129 | 152 | 164 | | No | 207 | 183 | 171 | The objective is to conduct a test of independence to determine if the interest in leaving a current job for more money is independent of the employee's generation. Instructions: - Compute the value of the χ² (chi-square) test statistic to two decimal places. Do not round your intermediate calculations. Questions: 1. What is the p-value? Use Table 3 of Appendix B. - The p-value is between 0.01 and 0.025. 2. Using a 0.05 level of significance, what is your conclusion? - Conclude that interest in leaving a job for more money is not independent of the employee generation.
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